Chart

Cannot really classify the rectangle visible as a true rectangle owing to the volume within the pattern not conforming to the general rule.
I also do not classify this as a true double bottom for the same reason, as well the relatively short interval between the bottoms.
Nevertheless, there has been a clear break of the trend line here with a sharp rise in volume (Blackrock buying on the 28th) and a break of resistance today...Recent divergence on the MACD. I took a cautious entry today with a stop below the 5 sma.
I am somewhat more cautious owing to the weekly head & shoulders top (not visible on the above chart) that still has not reached it's measured move. 0.49 & 0.55 (gap) are the significant short term levels to the upside. IMHO.
GLTAH